NUTRITIONAL GROWTH SOLUTIONS LTD — Board/Management Information 2025

Feb 9, 2025

ASX ANNOUNCEMENT | 10 FEBRUARY 2025

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APPOINTMENT OF INDEPENDENT CHAIR

Nutritional Growth Solutions Limited (ASX: NGS ) (" NGS " or " the Company ") advises that Mr. Peter Osborne will step down as Chairman due to health challenges and personal circumstances. To ensure a smooth transition, his resignation will take effect from 1 March 2025, following the release of NGS’s annual results and Appendix 4D, due on or before 28 February 2025.

The Board has appointed Mr. Guy Khavia as the incoming Independent Chairman. He has been serving as an External Director on the NGS Board since July, 2023.

Mr. Khavia is an experienced CFO with a strong background in financial, strategic, and operational leadership across public and private sectors. He has extensive experience in management, finance, and legal functions, including capital raising, M&A, and stock exchange compliance. His recent roles include CFO and Director at ASX listed company Dotz Nano Limited and Regional CFO at Amplifon, where he led financial teams, implemented ERP systems, and managed complex financial transactions. In addition, Mr. Khavia has served as CFO for various other public companies in Israel.

Mr. Khavia said: “I look forward to continuing to work with the Board and management team to support NGS’s strategic objectives and growth. We remain focused on creating shareholder value and continue to engage in discussions regarding a possible strategic transaction. While there is no certainty that these discussions will lead to a binding agreement, we will provide an update if a transaction is formally agreed.”

Mr. Osborne said: “I have appreciated the opportunity to serve on the NGS Board. I remain a shareholder in NGS and wish the company every success as it continues to advance its strategies for growth in the USA and other markets.”

The Board thanks Mr. Osborne for his contribution and wishes him well.

This announcement has been authorised for release by the Board.

For further information, please contact:

Stephen Turner

Managing Director and CEO

steve@ngsolutions.co | steve@healthyheights.com

About Nutritional Growth Solutions

Nutritional Growth Solutions is a U.S.-based health, nutrition, and wellness company. NGS develops, produces and sells clinically tested nutritional supplement formula for children following 20 years of medical research into pediatric nutrition. The nutritional supplements market has experienced tremendous growth in recent years, but most attention has been focused on adult users and children under three years of age. The three to twelveyear-old consumers represent a larger market opportunity and NGS is highly differentiated from its competitors with clinically tested products and an expanding product portfolio to capture this market opportunity.

https://healthyheights.com | https://ngsolutions.co

Nutritional Growth Solutions | ASX: NGS | ARBN: 642 861 774 | www.ngsolutions.co 16885 Via Del Campo Court, Suite 218, San Diego, CA 92127